Filipinos will now see a uniform 20% tax on interest earned from savings and investment accounts. As of July 1, 2025, the government is enforcing this standardized tax system. This change comes after President Ferdinand Marcos Jr. signed Republic Act 12214 or the Capital Markets Efficiency Promotion Act (CMEPA). The bill removes previously lower tax rates on long-term deposits, applying… Read more in our articles including "CMEPA implemented, banks slap uniform 20% tax to interest income" and "OnePlus exits US, Europe markets; PH operations to continue".
Filipinos will now see a uniform 20% tax on interest earned from savings and investment…
Jul 18, 2025
OnePlus has confirmed that it’s exiting the North American and European markets. This means they…
Jul 17, 2026
The Bureau of Internal Revenue (BIR) released a new memorandum announcing the availability of the…
May 26, 2026
Earlier this week, the Deepartment of Trade and Industry has released a proposal to require…
May 23, 2026
Bank of the Philippine Islands (BPI) has partnered with Robinsons Retail Holdings, Inc. (RRHI) to…
May 8, 2026
Shopee has launched the official Beats Flagship Store in the Philippines, expanding access to the…
Apr 29, 2026Filipinos will now see a uniform 20% tax on interest earned from savings and investment accounts. As of July 1, 2025, the government is enforcing this standardized tax system. This change comes after President Ferdinand Marcos Jr. signed Republic Act 12214 or the Capital Markets Efficiency Promotion Act (CMEPA). The bill removes previously lower tax rates on long-term deposits, applying…
Our coverage of CMEPA law implemented includes: "CMEPA implemented, banks slap uniform 20% tax to interest income"; "OnePlus exits US, Europe markets; PH operations to continue"; "BIR opens Tax Payer Portal". Each article provides unique insights and information.
Our article "CMEPA implemented, banks slap uniform 20% tax to interest income" published on July 18, 2025 covers the latest information about CMEPA law implemented. Check it out for the most current details.